China Tower is a dividend paying company with a current yield of 4.27% that is well covered by earnings. Next payment date is on 15th July, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
4.3%
Dividend yield
65%
Payout ratio
Industry average yield
3.3%
Next dividend pay date
15 Jul 24
Ex dividend date
22 May 24
Dividend per share
n/a
Earnings per share
€0.057
Dividend yield forecast in 3Y
9.2%
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2Y10 has been paying a dividend for less than 10 years.
Growing Dividend: 2Y10's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
China Tower Dividend Yield vs Market
How does 2Y10 dividend yield compare to the market?
Segment
Dividend Yield
Company (2Y10)
4.3%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.6%
Industry Average (Telecom)
3.3%
Analyst forecast in 3 Years (2Y10)
9.2%
Notable Dividend: 2Y10's dividend (4.27%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: 2Y10's dividend (4.27%) is low compared to the top 25% of dividend payers in the German market (4.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.2%), 2Y10's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.6%), 2Y10's dividend payments are covered by cash flows.